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REGISTERED NUMBER: 07897396















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Wordsworth Investments Limited

Wordsworth Investments Limited (Registered number: 07897396)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wordsworth Investments Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R K Patel
Mrs J Dhillon





REGISTERED OFFICE: Flat 69, Taona House
1 Merrion Avenue
Stanmore
Middlesex
HA7 4BS





REGISTERED NUMBER: 07897396

Wordsworth Investments Limited (Registered number: 07897396)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 44,988

CURRENT ASSETS
Debtors 5 140 1,406
Cash at bank 24,140,765 23,541,133
24,140,905 23,542,539
CREDITORS
Amounts falling due within one year 6 237,404 181,928
NET CURRENT ASSETS 23,903,501 23,360,611
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,903,501

23,405,599

PROVISIONS FOR LIABILITIES - 8,548
NET ASSETS 23,903,501 23,397,051

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 23,903,499 23,397,049
SHAREHOLDERS' FUNDS 23,903,501 23,397,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Wordsworth Investments Limited (Registered number: 07897396)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were authorised for issue by the Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by:





R K Patel - Director


Wordsworth Investments Limited (Registered number: 07897396)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Wordsworth Investments Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The directors consider that the financial resources available to the Company are adequate to meet its operational needs for the foreseeable future or at least 12 months from the date of signature of these accounts. Accordingly, the going concern basis has been adopted in preparing these financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price.Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


Wordsworth Investments Limited (Registered number: 07897396)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 January 2023 102,830
Disposals (102,830 )
At 31 December 2023 -
DEPRECIATION
At 1 January 2023 57,842
Eliminated on disposal (57,842 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 44,988

Wordsworth Investments Limited (Registered number: 07897396)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Sundry Debtors - 925
VAT 140 481
140 1,406

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 840 -
Tax 166,386 64,286
Other creditors 2,974 2,974
Directors' current accounts 65,205 112,204
Accrued expenses 1,999 2,464
237,404 181,928

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary £1 2 2

8. RESERVES
Retained
earnings
£   

At 1 January 2023 23,397,049
Profit for the year 506,450
At 31 December 2023 23,903,499

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the company owed £65,205 (2022: £112,204) to it's director.